High Commissioner's Report.
United Press Association—Per EleCrio Telegraph
Wellington Jnly 10
The Department of Industries and Commerce has received the following cablegram from tho High Cormnissioner, dated London, July Bth:—The mutton market is dull, owing to the poor demand. The average price to-day for Canterbury mutton (light weights) is 4^d, other North Island mutton 4|d, Canterbury mutton (hoavy weights) 4d, other North Island mutton 4d. Holders are making every effort to push sales. Average weight carcases 3Jd. The lamb market is quiet. The stock of light weight lambs is light, and firmly held in a few hands. The average price to-day for Canterbury brand is S-Jd, New Zealand lamb brands other than Canterbury s|-d, tegs 4f d. The beef market is quiet. The average price to-day for hindquarters New Zealand beef is 3§<i, forequarters 2f}-d. The butter market is very strong, and the supply does not meet requirements. The average price of choicest New Zealand butter today is 10Is per cwt, nominal Danish Ills, Canadian 100s, Argentine 100s. There has been no alteration in the cheese market s;nce last week. The hemp market is dull, and very little business 'is doing. The stock is accumulating, the number of bales in stock being 2907, against 927 for the same period last year. The average prioe of New Zealand hemp, " good fair Wellington " grade on spot per to-day per ton is .£26, July and August shipments .£27. The price of Manila hemp " fair current " grade (July and August shipment) per ton £36 10s. There is a better demand for cocksfoot seed. Buyers have been offering more freely, as the American crop is expected to be short. The average price today for bright clean New Zealand cocksfoot seed weighing 171b per bushel is 53s per cwt. The wool marfeet is fair at an advance. There is a general and active demand. The hop market is quiet, the market being affected by the English crop accounts, which are very encouraging.
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Ashburton Guardian, Ashburton Guardian, Volume XXII, Issue 6619, 12 July 1905
High Commissioner's Report. Ashburton Guardian, Volume XXII, Issue 6619, 12 July 1905
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